$25,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
9 Feb 2010 (0 years, 11 months remaining)
Months
(0 years, 11 months )
%

$17,853 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$19,989
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$25,800
Monthly Installment
$1,686.67 /month for 0 years, 11 months (11 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$7,740 (30% of Car Price)
1st Installment
$1,686.67
Total Upfront Payment
$9,451.67

Loan Details

Total Loan
$18,060 Information
Total Interest
$493 Information
Total Sum Paid
$18,553 at the end of 0 years, 11 months (11 months)

Other Car Financial Details

COE
$19,989 Information
ARF Paid
$17,853 Information
PARF Rebate
You get back $8,927 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
- Information
Loan Redemption Amount Paper/Deregistration Value
Month Year
Loan Redemption
Amount The amount to pay out to the bank upon the early settlement of loan. It is the oustanding minus the loan redemption.
Dereg Value Total value of PARF and COE Rebate, also known as 'Paper Value'.
Cash Position The cash balance of the car upon loan settlement and car degistration. If this value started to be greater than 0, it is commonly known as 'Break Even'.
Feb 2021 -16,456 10,592 -5,863
Mar 2021 -14,844 10,426 -4,418
Apr 2021 -13,224 10,259 -2,965
May 2021 -11,597 10,093 -1,505
Jun 2021 -9,963 9,926 -37
Jul 2021 -8,321 9,759 1,438
Aug 2021 -6,672 9,593 2,921
Sep 2021 -5,015 9,426 4,411
Oct 2021 -3,351 9,260 5,909
Nov 2021 -1,679 9,093 7,414
Dec 2021 0 8,927 8,927
Disclaimer: The Car Loan Calculator is used as a guide to help you to get a better sense of your financial commitments when buying a car. It does not warrant the accuracy, adequacy or completeness of the figures presented. Oneshift.com expressly disclaims liability for errors or omissions.

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